• Red Bull's Max Verstappen celebrates after winning the Styrian Grand Prix at the Red Bull Ring in Spielberg, Austria, on Sunday, June 27. AP
    Red Bull's Max Verstappen celebrates after winning the Styrian Grand Prix at the Red Bull Ring in Spielberg, Austria, on Sunday, June 27. AP
  • Dutch driver driver Max Verstappen on the podium after winning the race. EPA
    Dutch driver driver Max Verstappen on the podium after winning the race. EPA
  • Max Verstappen celebrates with his Red Bull teammates. PA
    Max Verstappen celebrates with his Red Bull teammates. PA
  • Red Bull's Max Verstappen. AFP
    Red Bull's Max Verstappen. AFP
  • Mercedes' British driver Lewis Hamilton. AFP
    Mercedes' British driver Lewis Hamilton. AFP
  • Red Bull's Sergio Perez makes a pitstop on his way to securing fourth place. Getty
    Red Bull's Sergio Perez makes a pitstop on his way to securing fourth place. Getty
  • Lando Norris on his way to fifth place for McLaren. Reuters
    Lando Norris on his way to fifth place for McLaren. Reuters
  • McLaren's Lando Norris. Reuters
    McLaren's Lando Norris. Reuters
  • AlphaTauri's Yuki Tsunoda ahead of Carlos Sainz's Ferrari. Sainz would eventually finish sixth, four places clear of Tsunoda. Getty
    AlphaTauri's Yuki Tsunoda ahead of Carlos Sainz's Ferrari. Sainz would eventually finish sixth, four places clear of Tsunoda. Getty
  • Alpine's Fernando Alonso finished ninth. AFP
    Alpine's Fernando Alonso finished ninth. AFP
  • Red Bull's Max Verstappen leads the way at the start of the race. PA
    Red Bull's Max Verstappen leads the way at the start of the race. PA
  • Two helicopters fly the flags of Austria and Styria over the Red Bull Ring before the race. AFP
    Two helicopters fly the flags of Austria and Styria over the Red Bull Ring before the race. AFP
  • Spectators watching the start of the race. AFP
    Spectators watching the start of the race. AFP

Formula One: Max Verstappen cruises to victory at Styrian Grand Prix


  • English
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Max Verstappen dominated the Styrian Grand Prix from start to finish on Sunday, extending his lead at the top of the title race.

The Dutchman led every lap at the Red Bull Ring in Spielberg to take the chequered flag 35 seconds clear of Lewis Hamilton's Mercedes, with the Briton's teammate Valtteri Botas third.

Hamilton never threatened to challenge as Verstappen secured his second win in a week and fourth of the year, extending his lead in the drivers' championship from 12 points to 18 with Hamilton managing to secure a bonus point for fastest lap.

Verstappen's teammate Sergio Perez came in fourth while British driver Lando Norris was fifth for McLaren.

"You never know how it is going to end up but straight away I felt a good balance in the car," said Verstappen.

"It was good to manage the tyres from the start. They pitted one lap earlier than us, we reacted to that and we just kept on going, trying to hit our lap times – that worked really well today.

"That's really positive but we have to show it again next week. We'll definitely have a look as to what we can do better. I'm looking forward to next week.

"It's looking really good [for Red Bull]. We just have to keep pushing really hard and I'm confident we can do a really good job again."

Reigning world champion Hamilton admitted it was a mission impossible attempting to overtake the flying Red Bull after spending much of the race expressing frustration on his inability to cut into Verstappen's lead.

"It was a bit of a lonely race really," he said. "I was trying to keep up with those guys but, the speed they have – they've obviously made some big improvements. [It was] Impossible to keep up.

"They're faster, they're just faster. There's not a lot I can do in that respect. I've just got to keep trying to do the best I can do each weekend.

"We need to find some performance, we need an upgrade of some sort, we need to push. I don't know whether it's just the rear wing or whether it's the upgrade in the engine, but we've got to find some performance from somewhere."

Mercedes boss Toto Wollf insisted he was looking forward to analysing the race and finding a way for Hamilton to close the gap between him and Verstappen.

"It's been the first race in eight years where we were lacking pace," he said. "We have stopped developing for this year and we have to put our heads together and get the best out of that power unit.

"We are totally fired up. We were lacking pace but we will be doing the best we can and fighting back. We just didn't have the tools today to win – but the fight is not over."

After what has been a tense season of tight battles between Verstappen and Hamilton so far, there was very little to get the pulse racing in this race.

Ferrari's Charles Leclerc, though, did show tremendous fighting qualities to battle his way from last to a highly credible seventh-place finish, just behind teammate Carlos Sainz.

The Monegasque driver dropped to the back after damaging his front wing on the opening lap but produced a stirring attacking performance to work his way back through the crowd.

Completing the top 10 were Aston Martin's Lance Stroll in eighth, Fernando Alonso and Alpine taking ninth, one place ahead of AlphaTauri's Yuki Tsunoda.

Tamkeen's offering
  • Option 1: 70% in year 1, 50% in year 2, 30% in year 3
  • Option 2: 50% across three years
  • Option 3: 30% across five years 
Analysis

Members of Syria's Alawite minority community face threat in their heartland after one of the deadliest days in country’s recent history. Read more

COMPANY%20PROFILE
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How to help

Send “thenational” to the following numbers or call the hotline on: 0502955999
2289 – Dh10
2252 – Dh 50
6025 – Dh20
6027 – Dh 100
6026 – Dh 200

Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

The Prison Letters of Nelson Mandela
Edited by Sahm Venter
Published by Liveright

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Crops that could be introduced to the UAE

1: Quinoa 

2. Bathua 

3. Amaranth 

4. Pearl and finger millet 

5. Sorghum

The Buckingham Murders

Starring: Kareena Kapoor Khan, Ash Tandon, Prabhleen Sandhu

Director: Hansal Mehta

Rating: 4 / 5

Company Profile:

Name: The Protein Bakeshop

Date of start: 2013

Founders: Rashi Chowdhary and Saad Umerani

Based: Dubai

Size, number of employees: 12

Funding/investors:  $400,000 (2018) 

The biog

Hometown: Cairo

Age: 37

Favourite TV series: The Handmaid’s Tale, Black Mirror

Favourite anime series: Death Note, One Piece and Hellsing

Favourite book: Designing Brand Identity, Fifth Edition

Like a Fading Shadow

Antonio Muñoz Molina

Translated from the Spanish by Camilo A. Ramirez

Tuskar Rock Press (pp. 310)

MATCH INFO

Watford 1 (Deulofeu 80' p)

Chelsea 2 (Abraham 5', Pulisic 55')

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How to watch Ireland v Pakistan in UAE

When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.

INFO

What: DP World Tour Championship
When: November 21-24
Where: Jumeirah Golf Estates, Dubai
Tickets: www.ticketmaster.ae.

Founders: Abdulmajeed Alsukhan, Turki Bin Zarah and Abdulmohsen Albabtain.

Based: Riyadh

Offices: UAE, Vietnam and Germany

Founded: September, 2020

Number of employees: 70

Sector: FinTech, online payment solutions

Funding to date: $116m in two funding rounds  

Investors: Checkout.com, Impact46, Vision Ventures, Wealth Well, Seedra, Khwarizmi, Hala Ventures, Nama Ventures and family offices

Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

Game Of Thrones Season Seven: A Bluffers Guide

Want to sound on message about the biggest show on television without actually watching it? Best not to get locked into the labyrinthine tales of revenge and royalty: as Isaac Hempstead Wright put it, all you really need to know from now on is that there’s going to be a huge fight between humans and the armies of undead White Walkers.

The season ended with a dragon captured by the Night King blowing apart the huge wall of ice that separates the human world from its less appealing counterpart. Not that some of the humans in Westeros have been particularly appealing, either.

Anyway, the White Walkers are now free to cause any kind of havoc they wish, and as Liam Cunningham told us: “Westeros may be zombie land after the Night King has finished.” If the various human factions don’t put aside their differences in season 8, we could be looking at The Walking Dead: The Medieval Years

 

Our family matters legal consultant

Name: Dr Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

THE SPECS

2020 Toyota Corolla Hybrid LE

Engine: 1.8 litre combined with 16-volt electric motors

Transmission: Automatic with manual shifting mode

Power: 121hp

Torque: 142Nm

Price: Dh95,900